XINDE MARINE NEWS
China's shipbuilding sector maintains robust expansion Xinhua 2023-11-21 13:55

[Photo: Xinhua/Ding Ting]
 
BEIJING, Nov. 18 (Xinhua) -- China has maintained its top position in the global shipbuilding market in the first 10 months of 2023, with strong growth in both output and new orders, industry data showed.
 
The country's shipbuilding output climbed 12 percent year on year to 34.56 million deadweight tonnes (dwt) during the January-October period, accounting for 49.7 percent of the world's total, according to data from the China Association of the National Shipbuilding Industry.
 
New orders surged 63.3 percent year on year to 61.06 million dwt, taking up 67 percent of the world's total during the period, according to figures from the association.
 
The volume of orders on hand for the industry stood at 133.82 million dwt as of the end of October, up 28.1 percent from one year earlier and accounting for 54.4 percent of the world's total.
 
The country's shipbuilders exported a combined 21.14 billion U.S. dollars worth of ships in the first 10 months, up 21 percent from the same period last year, according to the association.

Source: Xinhua


The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

Please Contact Us at:

media@xindemarine.com


展开全文

Related Posts

CMA CGM REX2 Service upgrade: Enhanced coverage between Asia and Red Sea

CMA CGM2025-10-15

Ningbo Containerized Freight Index Weekly Commentary: The supply and Demand on Most Routes improved,a

NINGBO SHIPPING EXCHANGE2025-10-11

Ningbo Containerized Freight Index Weekly Commentary: The supply and Demand on Some Routes lmproved,a

NINGBO SHIPPING EXCHANGE2025-10-10

Century Cruises enters European market – river cruise vessel under construction at Concordia Damen

Concordia Damen2025-10-10

Ningbo Containerized Freight Index Weekly Commentary: Weak Demand During the Festival intensified, an

NINGBO SHIPPING EXCHANGE2025-09-29

Ningbo Containerized Freight Index Weekly Commentary: Container Shipping Strengthens Pre-Holiday Stoc

NINGBO SHIPPING EXCHANGE2025-09-23